Markets settle marginally lower in volatile trade

Sensex declined 47.77 points, and Nifty slipped 7.30 points

Updated - November 24, 2023 07:00 pm IST

Published - November 24, 2023 04:26 pm IST - Mumbai

Equity benchmark indices Sensex and Nifty closed with modest losses for the second straight session on November 24, following selling in IT stocks amid a lack of fresh buying triggers.

In a highly volatile trade, the 30-share BSE Sensex declined 47.77 points or 0.07% to settle at 65,970.04. During the day, it gyrated 207.59 points, hitting a high of 66,101.64 and a low of 65,894.05.

The Nifty slipped 7.30 points or 0.04% to 19,794.70.

Among the Sensex firms, HCL Tech, Wipro, Tata Consultancy Services, Tech Mahindra, Nestle, Tata Motors, Infosys, Bharti Airtel, UltraTech Cement and Tata Steel were among the laggards.

On the other hand, Axis Bank, HDFC Bank, ICICI Bank, JSW Steel, Mahindra & Mahindra and Kotak Mahindra Bank were the major gainers.

In Asian markets, Tokyo settled in the green while Seoul, Shanghai and Hong Kong ended lower.

European markets were trading mostly in positive territory. The U.S. markets were closed for Thanksgiving holiday on November 23.

Global oil benchmark Brent crude climbed 0.18% to $81.57 a barrel.

Foreign Institutional Investors (FIIs) bought equities worth ₹255.53 crore on Thursday, according to exchange data.

The BSE benchmark dipped 5.43 points or 0.01% to settle at 66,017.81 on November 23. The Nifty slipped 9.85 points or 0.05% to 19,802.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.